Voltas Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2018
November 05, 2018
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Voltas Limited announced unaudited consolidated and standalone earnings results for the second quarter and six months ended September 30, 2018. On consolidated basis, for the quarter, revenue from operations was INR 14,213.6 million against INR 10,367.1 million for the same period a year ago. Total income was INR 14,674.4 million against INR 10,866.4 million for the same period a year ago. Profit before share of profit of joint ventures and associates, exceptional items and tax was INR 1,422.8 million against INR 1,286.5 million for the same period a year ago. Profit before exceptional items and tax was INR 1,400.7 million against INR 1,296.2 million for the same period a year ago. Profit before tax was INR 1,400.7 million against INR 1,296.2 million for the same period a year ago. Net Profit for the period attributable to owners of the company was INR 1,034.6 million against INR 946.3 million for the same period a year ago. Basic and diluted earnings per share (not annualised) were INR 3.13 against INR 2.86 for the same period a year ago.
For the six months, revenue from operations was INR 35,694.5 million against INR 30,048.2 million for the same period a year ago. Total income was INR 36,437.4 million against INR 31,137.0 million for the same period a year ago. Profit before share of profit of joint ventures and associates, exceptional items and tax was INR 4,050.1 million against INR 3,862.7 million for the same period a year ago. Profit before exceptional items and tax was INR 4,033.0 million against INR 3,881.9 million for the same period a year ago. Profit before tax was INR 4,033.0 million against INR 3,901.9 million for the same period a year ago. Net Profit for the period attributable to owners of the company was INR 2,873.8 million against INR 2,802.7 million for the same period a year ago. Basic and diluted earnings per share (not annualised) were INR 8.69 against INR 8.47 for the same period a year ago.
On standalone basis, for the quarter, revenue from operations was INR 12,819.4 million against INR 9,038.1 million for the same period a year ago. Total income was INR 13,997.6 million against INR 10,041.7 million for the same period a year ago. Profit before exceptional items and tax was INR 1,866.9 million against INR 1,492.9 million for the same period a year ago. Profit before tax was INR 1,866.9 million against INR 1,336.2 million for the same period a year ago. Net Profit for the period was INR 1,484.3 million against INR 961.1 million for the same period a year ago. Basic and diluted earnings per share (not annualised) were INR 4.49 against INR 2.90 for the same period a year ago.
For the six months, revenue from operations was INR 32,681.9 million against INR 27,442.4 million for the same period a year ago. Total income was INR 34,151.3 million against INR 29,080.9 million for the same period a year ago. Profit before exceptional items and tax was INR 30,372.2 million against INR 25,465.7 million for the same period a year ago. Profit before tax was INR 3,779.1 million against INR 3,478.5 million for the same period a year ago. Net Profit for the period was INR 2,765.5 million against INR 2,539.3 million for the same period a year ago. Basic and diluted earnings per share (not annualised) were INR 8.36 against INR 7.67 for the same period a year ago.
Voltas Limited is an India-based air conditioning and engineering solutions provider and a projects specialist. The Company's segments include Unitary Cooling Products, Electro - Mechanical Projects and Services, and Engineering Products and Services. Unitary Cooling Products segment includes manufacturing, selling and after sales services of cooling appliances and cold storage products, and facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, retrofits and energy management, among others. Electro - Mechanical Projects and Services segment includes electro-mechanical projects, such as electricals, heating, ventilation and air conditioning, plumbing, extra low voltage and specialized services, and water solutions, such as comprises water treatment solutions for industrial, oil and gas and domestic sewage segments, among others. Engineering Products and Services segment includes textile machinery and mining and construction equipment.